Despite many big name hotels dropping their prices, a large number of travelers are turning to budget hostels for accommodation during their holidays. Austin Nicholas founded the off-the-beaten path tourism company Riga Out There in 2004. He also manages the House Hostel in central Riga. Nicholas explained how it is that hostels are thriving now and what sets them apart from hotel giants. How is the hostel business now? Are you seeing more people, less people? I think it's changing a bit 's we're finding it sort of peaks and troughs. I don't think we're too stretched compared to the l...
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